Search Results for: Isle of Man
Jersey And The Isle Of Man Have Each Received High Rating In Tax Matters
November 28th, 2017
Jersey and the Isle of Man have each received the highest possible OECD rating in recognition of their compliance with global standards of information exchange in tax matters. Each jurisdiction’s tax transparency framework was subject to a peer review ...
Isle of Man: We’re no tax haven study concludes
August 2nd, 2017
The Isle of Man might be branded a tax haven by its critics. But that’s not the conclusion of research by academics at the University of Amsterdam. Their study ranks 24 ’sink’ and five ’conduit’ offshore finance centres – ...
The Isle of Man proposes changes on Collective Investment Schemes
May 5th, 2017
The Isle of Man Financial Services Authority has today issued a Consultation Paper (CP17-04/T05) to obtain information, views and evidence in relation to — (1) the widening of the definition of collective investment schemes to include a limited number ...
KPMG receives complaints over Isle of Man controversy
May 18th, 2016
KPMG’S Canadian arm is the subject of two complaints from one of the country’s largest financial worker’s unions, with the group claiming that the Big Four firm set up offshore tax structures in the Isle of Man to help wealthy Canadians ...
Guernsey, Jersey, Isle Of Man Join SEPA
February 16th, 2016
The European Payments Council has confirmed that from May 1, 2016, Guernsey, Jersey, and the Isle of Man will become part of the geographical scope of the direct debit and credit transfer schemes of the Single Euro Payments Area. ...
Isle Of Man To Unify Financial Regulators
October 27th, 2015
The Isle of Man Financial Services Authority will come into being on November 1, when three of the island’s regulators will merge. The FSA will take over the roles of the Isle of Man Financial Supervision Commission, the Insurance ...
Isle of Man Preparing to Pass Digital Currency Regulatory Framework
March 17th, 2015
The Isle of Man wants to become a leading Bitcoin hub and attract digital fintech businesses, entrepreneurs and developers, Business Insider reports. The government of the tiny island is about to pass a new regulatory framework to create a true paradise ...
Isle of Man removed from Colombian Tax ‘Blacklist’
October 20th, 2014
Colombia has removed the Isle of Man from its offshore blacklist, recognizing its commitment to the international exchange of tax information. The move recognizes that the Isle of Man and Colombia have both joined the OECD Convention on Mutual ...
Former executive chairman of a diamond mining company acquitted on charges of misleading the market
June 27th, 2018
Mr Alexandre Alexander, the former executive chairman of Kimberley Diamonds Ltd (Kimberley Diamonds), was on 25 June 2018 found not guilty on two counts related to issuing false or misleading information to the market following a jury trial in ...
SEC charged Apollo Global Management for misleading fund investors
August 24th, 2016
The Securities and Exchange Commission today announced that four private equity fund advisers affiliated with Apollo Global Management have agreed to a $52.7 million settlement for misleading fund investors about fees and a loan agreement and failing to supervise ...